SINGAPORE (ICIS)--China's Datang International Power Generation Co plans to shut its polypropylene (PP) plant in Inner Mongolia Autonomous Region which has a total capacity of 500,000 tonnes/year in June, a company source said on Tuesday.
The PP plant, consisting of two lines with a 250,000 tonne/year capacity each, is scheduled to shut in June for a 30-day turnaround, the source added.
The plant’s No 1 PP line has been running at 60% capacity since early February, producing PP raffia yarn, while its No 2 PP line was shut on 30 January for maintenance, with the restart date yet to be confirmed, the source said.
Market participants based in northern China expect the plant’s shutdown to tighten the availability of lower-priced PP in the spot market. However, considering that this is a planned maintenance for June, no obvious impact is expected in the near term, they added.